Indian government has stated that the country’s total primary energy supply (TPES) reached 9,32,816 Kilo Tonnes of Oil Equivalent (KToE) in FY2024-25, marking a 2.95 per cent increase over the previous year. This reflects steady growth in energy demand and the continued expansion of India’s energy sector.
Renewable energy potential soars
India’s renewable energy capacity now stands at 47,04,043 megawatts (MW). Among this, solar energy dominates, with capacity jumping from 7,48,990 MW in FY2023-24 to 33,43,378 MW in FY2024-25, contributing nearly 71 per cent of total renewable potential. Wind power adds 11,63,856 MW, while large hydro contributes 1,33,410 MW, according to the latest “Energy Statistics India 2026” report by the National Statistics Office (NSO).
Most of the renewable energy potential is concentrated in six states: Rajasthan, Maharashtra, Gujarat, Andhra Pradesh, Karnataka, and Madhya Pradesh, which together account for over 70 per cent of the total capacity.
Rising energy consumption and investment
Energy use in India has also been steadily rising. Per-capita consumption increased from 15,296 Mega Joules per person in FY2015-16 to 18,096 Mega Joules in FY2024-25, growing at an average rate of 1.89 per cent per year.
Investment in the energy sector has surged as well. Credit flow grew from Rs 1,688 crore in 2021 to Rs 10,325 crore in 2025, highlighting strong financial support for energy projects across the country.
Electricity generation on the rise
Electricity generation from renewable sources (including both utility and non-utility sectors) also saw a sharp rise, climbing from 1,89,314 GWh in FY2015-16 to 4,16,823 GWh in FY2024-25, a compound annual growth rate of 9.17 per cent as reported by IANS.
Despite the renewable surge, coal remains India’s main energy source, increasing from 3,87,761 KToE in FY2015-16 to 5,52,315 KToE in FY2024-25. Other energy sources such as crude oil and natural gas have also seen consistent growth, contributing to India’s diverse energy mix.
Steady rise across sectors
The total final consumption (TFC) of energy across households, industries, and transport continues to rise, reflecting India’s growing energy requirements. With increasing renewable capacity and stable investment in energy infrastructure, the country is gradually moving toward a more balanced and sustainable energy future.
(With IANS Inputs)